|
Report No. : |
357587 |
|
Report Date : |
30.12.2015 |
IDENTIFICATION DETAILS
|
Name : |
POSCO |
|
|
|
|
Registered Office : |
6261, Donghaean-ro, Nam-Gu, Pohang-Si, Gyeongsangbuk-Do, Korea 37859 |
|
|
|
|
Country : |
South Korea |
|
|
|
|
Financials (as on) : |
30.09.2015 |
|
|
|
|
Date of Incorporation : |
25.03.1968 |
|
|
|
|
Com. Reg. No.: |
506-81-00017 |
|
|
|
|
Legal Form : |
Listed Company |
|
|
|
|
Line of Business : |
Manufacture of Basic Iron and Steel. (Hot Rolled Coil, Plate, Wire Rods, Cold Rolled Sheets, Electrical
Steel Sheets, Stainless Steel Products) |
|
|
|
|
No. of Employees : |
17,388 |
RATING & COMMENTS
|
MIRA’s Rating : |
Aa |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
Status : |
Excellent |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
Litigation : |
Clear |
NOTES:
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
South Korea |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
SOUTH KOREA - ECONOMIC OVERVIEW
South Korea over the past four decades has demonstrated
incredible economic growth and global integration to become a high-tech
industrialized economy. In the 1960s, GDP per capita was comparable with levels
in the poorer countries of Africa and Asia. In 2004, South Korea joined the
trillion-dollar club of world economies. A system of close government and
business ties, including directed credit and import restrictions, initially
made this success possible. The government promoted the import of raw materials
and technology at the expense of consumer goods, and encouraged savings and
investment over consumption. The Asian financial crisis of 1997-98 exposed
longstanding weaknesses in South Korea's development model, including high
debt/equity ratios and massive short-term foreign borrowing. GDP plunged by 7%
in 1998, and then recovered by 9% in 1999-2000. South Korea adopted numerous
economic reforms following the crisis, including greater openness to foreign
investment and imports. Growth moderated to about 4% annually between 2003 and
2007. South Korea's export focused economy was hit hard by the 2008 global
economic downturn, but quickly rebounded in subsequent years, reaching over 6%
growth in 2010. The US-Korea Free Trade Agreement was ratified by both
governments in 2011 and went into effect in March 2012. Between 2012 and 2014,
the economy experienced slow growth due to sluggish domestic consumption and
investment. The administration in 2015 is likely to face the challenge of
balancing heavy reliance on exports with developing domestic-oriented sectors,
such as services. The South Korean economy's long-term challenges include a
rapidly aging population, inflexible labor market, dominance of large conglomerates
(chaebols), and the heavy reliance on exports, which comprise about half of
GDP. In an effort to address the long term challenges and sustain economic
growth, the current government has prioritized structural reforms,
deregulation, promotion of entrepreneurship and creative industries, and the
competitiveness of small and medium enterprises.
|
Source
: CIA |
|
Company Name |
POSCO |
|
Registered Address |
6261, Donghaean-ro, Nam-gu, Pohang-si,
Gyeongsangbuk-do, Korea (Old Address System : 1, Goedong-dong,
Nam-gu, Pohang-si, Gyeongsangbuk-do, Korea) |
|
Building |
|
|
Zip Code |
37859 |
|
Tel |
+82-54-220-0114 |
|
Fax |
+82-54-220-6000 |
|
E-mail |
ir@posco.co.kr,igohome@posco.co.kr |
|
Website |
www.posco.co.kr |
|
Trading Address |
440, Teheran-ro, Gangnam-gu, Seoul, Korea (Old Address System : POSCO Center, 892,
Daechi 4-dong, Gangnam-gu, Seoul, Korea) |
|
Tel |
+82-2-3457-0114 |
|
Fax |
+82-2-3457-1999 |
|
Other Address-Gwangyang Works |
20-26, Pokposarang-gil, Gwangyang-si,
Jeollanam-do, Korea (Old Address System : 700, Geumho-dong,
Gwangyang-si, Jeollanam-do, Korea) |
|
Tel |
+82-61-790-0114 |
|
Fax |
+82-61-790-7000 |
|
Other Address-Pohang Steelworks |
5, Dongchon-dong, Nam-gu, Pohang-si, Gyeongsangbuk-do, Korea |
|
Tel |
+82-54-220-0114 |
|
Fax |
+82-54-220-6000 |
|
Other Address |
Songdo Centroad Bldg., 323, Incheon
tower-daero, Yeonsu-gu, Incheon, Korea (Old Address System : Songdo Centroad Bldg.,
30-3, Songdo-dong, Yeonsu-gu, Incheon, Korea) |
|
Tel |
|
|
Fax |
|
|
Type |
Export/Import |
|
Industry |
Manufacture of Basic Iron and Steel |
|
Main Business |
Hot Rolled Coil, Plate, Wire Rods, Cold Rolled Sheets, Electrical Steel
Sheets, Stainless Steel Products |
|
Sub
Business |
|
|
Established (mm/dd/yyyy) |
03/25/1968 |
|
Activity |
Detailed Products (UNSPSC) |
|
Sell |
Steel plate(30102204) |
|
Sell |
Steel coil(30101904) |
|
Sell |
Steel(11101704) |
|
Name |
Kwon Oh-Joon |
|
Address |
Suite A-1103, 25, Hangang-daero 30-gil,
Yongsan-gu, Seoul, Korea |
|
Date of Birth |
07/06/1950 |
|
Title |
Chairman & CEO |
|
Nationality |
Korean |
|
Capital (KRW) |
482,403,125,000 |
||||||||||||||||||
|
Employees |
17,388 |
||||||||||||||||||
|
Formation |
Listed Company (Korea Stock Exchange :
005490) as of 06/10/1988 Listed at New York Stock Exchange as of
10/14/1994 Listed as London Stock Exchange as of
10/17/1994 A Company of POSCO Group |
||||||||||||||||||
|
Bank Details |
Woori Bank-Pohang Posco Branch |
||||||||||||||||||
|
Corporate Registered No. |
174611-0000741 |
||||||||||||||||||
|
Business Registered No. |
506-81-00017 |
||||||||||||||||||
|
Permit & Licenses |
12/09/1993 ISO 9002 11/2008 ISO 14001 Int’l Trade No.: 820280 |
||||||||||||||||||
|
Shareholder Position |
|
||||||||||||||||||
|
Company History |
03/25/1968 Incorporated as Pohang Iron and
Steel Co., Ltd. 03/15/2002 Changed company name to the
present name 08/30/2010 Acquired DAEWOO
INTERNATIONAL CORPORATION(110111-2137358) 12/11/2015 Decided to acquire POS-HIMETAL
CO., LTD.(204611-0030197) as of 03/01/2016 |
||||||||||||||||||
|
|
|
|
Job Description |
Name |
Nationality |
Date of Birth |
Inauguration Date |
|
Chairman & CEO |
Kwon Oh-Joon |
Korean |
07/06/1950 |
03/14/2014 |
|
President & CEO |
Kim Jin-Il |
Korean |
02/01/1953 |
03/14/2014 |
|
Vice President |
Yoon Dong-Joon |
Korean |
10/16/1958 |
03/14/2014 |
|
Vice President |
Lee Young-Hoon |
Korean |
08/19/1959 |
03/14/2014 |
|
Director |
Oh In-Hwan |
Korean |
09/15/1958 |
03/13/2015 |
|
Outside Director |
Park Byung-Won |
Korean |
09/24/1952 |
03/13/2015 |
|
Outside Director / Auditor |
Kim Joo-Hyun |
Korean |
10/11/1952 |
03/13/2015 |
|
Outside Director |
Shin Jae-Cheol |
Korean |
08/28/1947 |
03/22/2013 |
|
Outside Director |
Lee Myung-Woo |
Korean |
01/05/1954 |
03/22/2013 |
|
Outside Director / Auditor |
Kim Il-Sub |
Korean |
07/01/1946 |
03/14/2014 |
|
Outside Director / Auditor |
Sunwoo Young |
Korean |
07/22/1955 |
03/14/2014 |
|
Outside Director |
Ahn Dong-Hyun |
Korean |
03/03/1964 |
03/14/2014 |
|
Year / Unit : KRW |
Sales |
Assets |
Net Income |
|
19,661,927,052,124 |
51,942,992,272,879 |
1,056,421,687,190 |
|
|
(*)2014 |
29,218,854,280,343 |
52,597,323,083,304 |
1,138,958,195,448 |
|
(*)2013 |
30,543,544,661,431 |
54,242,277,654,290 |
1,582,595,860,509 |
|
(*)2012 |
35,664,933,132,661 |
52,320,436,140,140 |
2,499,522,911,071 |
|
(*)2011 |
39,171,703,426,324 |
52,727,876,388,318 |
3,188,844,785,494 |
|
(*)2010 |
32,582,036,641,395 |
49,086,226,794,345 |
3,784,361,128,090 |
|
2009 |
26,953,944,910,907 |
39,992,764,984,726 |
3,172,263,501,288 |
|
2008 |
30,642,409,498,898 |
37,033,453,847,248 |
4,446,933,280,159 |
|
2007 |
22,206,684,973,468 |
30,492,797,703,851 |
3,679,431,381,143 |
|
2006 |
20,043,409,117,885 |
26,362,872,843,329 |
3,206,604,724,519 |
|
2005 |
21,695,043,976,451 |
24,206,949,907,109 |
4,012,932,261,385 |
|
2004 |
19,792,477,952,160 |
21,367,060,180,023 |
3,826,015,648,458 |
|
2003 |
14,359,329,407,460 |
18,406,599,888,114 |
1,980,572,153,105 |
(*)Figures are based
on the K-IFRS Accounting System.
|
Authorized Capital(KRW) |
1,000,000,000,000 |
|
Paid-Up Capital(KRW) |
482,403,125,000 |
|
Total Issues Shares |
87,186,835 |
|
Balance Sheet |
|||
|
Unit : Korean Won |
01/01/2015~09/30/2015 |
As of 12/31/2014 |
As of 12/31/2013 |
|
Total Assets |
51,942,992,272,879 |
52,597,323,083,304 |
54,242,277,654,290 |
|
Current
Assets |
12,167,425,331,388 |
11,623,129,859,491 |
11,953,479,013,538 |
|
Cash & Cash Equivalents |
1,800,558,147,307 |
1,742,767,033,667 |
1,394,314,606,513 |
|
Trade Receivables |
2,869,608,938,433 |
3,157,266,491,554 |
3,393,443,840,160 |
|
Other Receivables |
226,418,323,442 |
562,930,299,248 |
281,161,487,736 |
|
Other Finance Assets |
2,959,959,995,291 |
693,729,092,496 |
2,318,816,414,133 |
|
Inventories |
3,726,926,656,972 |
4,383,568,156,727 |
4,538,656,597,682 |
|
Assets
to be Sold |
531,051,208,240 |
1,051,177,092,092 |
1,304,487,388 |
|
Other Current Assets |
52,902,061,703 |
31,691,693,707 |
25,781,579,926 |
|
Non-Current
Assets |
39,775,566,941,491 |
40,974,193,223,813 |
42,288,798,640,752 |
|
Long-Term Trade Receivables |
21,003,125,940 |
23,840,516,198 |
4,463,872,976 |
|
Other Receivables |
106,633,558,760 |
26,359,839,483 |
45,738,065,356 |
|
Non-Current Financial Instruments |
1,589,602,596,641 |
1,794,590,449,109 |
3,362,593,771,783 |
|
Investment_Related Companies |
15,745,286,223,321 |
16,178,891,128,694 |
15,092,835,989,363 |
|
Investment_Real Estates |
87,230,556,528 |
90,137,292,783 |
92,879,217,949 |
|
Tangibles |
21,544,146,698,093 |
22,323,214,761,593 |
23,240,602,989,211 |
|
Intangibles |
487,228,256,843 |
403,906,631,746 |
438,783,219,838 |
|
Other Non-Current Assets |
194,435,925,365 |
133,252,604,207 |
10,901,514,276 |
|
Total
Liabilities |
9,254,967,595,686 |
10,121,891,792,787 |
11,930,816,153,137 |
|
Current
Liabilities |
4,263,652,751,192 |
3,516,051,871,630 |
3,704,519,818,809 |
|
Trade Payables |
671,773,568,579 |
777,401,342,306 |
735,457,231,164 |
|
Short-Term Borrowings |
2,405,080,978,424 |
1,236,290,130,974 |
1,931,282,565,078 |
|
Other Current Financial Debts |
836,380,950,778 |
1,032,495,614,709 |
791,883,412,754 |
|
Other Finance Debts |
34,454,379,637 |
9,236,029,553 |
46,009,398,862 |
|
Accrued Income Tax |
236,530,299,128 |
304,362,176,867 |
153,277,502,207 |
|
Provisions |
20,949,499,513 |
47,758,748,313 |
8,501,059,236 |
|
Other Current Liabilities |
58,483,075,133 |
108,507,828,908 |
38,108,649,508 |
|
Non-Current
Liabilities |
4,991,314,844,494 |
6,605,839,921,157 |
8,226,296,334,328 |
|
Long-Term Borrowings |
3,674,337,151,181 |
5,300,926,907,178 |
6,731,788,166,592 |
|
Confirmed Salaries |
157,426,709,909 |
86,157,946,471 |
100,650,199,612 |
|
Other Liabilities |
34,502,447,199 |
88,807,184,512 |
124,678,953,142 |
|
Other Non-Current Financial Debts |
85,815,709,959 |
50,573,580,267 |
231,539,157,437 |
|
Deferred Income Tax Credit |
997,996,072,163 |
1,047,666,005,204 |
1,034,102,300,708 |
|
Provisions |
24,434,685,167 |
31,473,999,184 |
0 |
|
Other Non-Current Debts |
16,802,068,916 |
234,298,341 |
3,537,556,837 |
|
Capital
Stock |
482,403,125,000 |
482,403,125,000 |
482,403,125,000 |
|
Capital Surplus |
1,247,627,038,088 |
1,247,616,064,734 |
1,233,040,105,213 |
|
Capital Securities |
996,919,000,000 |
996,919,000,000 |
996,919,000,000 |
|
Others |
-43,299,447,350 |
94,042,550,365 |
403,939,077,722 |
|
Treasury Stock |
-1,534,320,571,626 |
-1,534,457,084,906 |
-1,579,123,583,357 |
|
Profit Surplus |
41,538,695,533,081 |
41,188,907,635,324 |
40,774,283,776,575 |
|
Total Equity |
42,688,024,677,193 |
42,475,431,290,517 |
42,311,461,501,153 |
|
Liab. & Shareholder’s Equity |
51,942,992,272,879 |
52,597,323,083,304 |
54,242,277,654,290 |
|
Income Statement |
|||
|
Unit : Korean Won |
01/01/2015~09/30/2015 |
As of 12/31/2014 |
As of 12/31/2013 |
|
Sales |
19,661,927,052,124 |
29,218,854,280,343 |
30,543,544,661,431 |
|
Cost of Sold Goods |
16,399,165,376,307 |
24,955,648,906,024 |
26,494,616,857,771 |
|
Gross Profit |
3,262,761,675,817 |
4,263,205,374,319 |
4,048,927,803,660 |
|
Selling & Admin. Expenses |
1,395,686,556,943 |
1,913,170,318,906 |
1,833,795,183,788 |
|
Admin. Expenses |
654,468,833,712 |
933,983,861,103 |
892,965,811,213 |
|
Selling Expenses |
741,217,723,231 |
979,186,457,803 |
940,829,372,575 |
|
Operating Income |
1,867,075,118,874 |
2,350,035,055,413 |
2,215,132,619,872 |
|
Finance Profits |
-62,548,865,322 |
36,524,101,710 |
48,713,336,138 |
|
Finance Income |
597,116,290,440 |
1,050,793,585,251 |
967,072,965,247 |
|
Finance Expenses |
659,665,155,762 |
1,014,269,483,541 |
918,359,629,109 |
|
Other Non-Operating Profits |
-432,299,213,971 |
-665,166,044,738 |
-278,550,704,112 |
|
Other Non-Operating Income |
438,109,138,238 |
46,864,497,064 |
140,048,533,262 |
|
Other Non-Operating Expenses |
870,408,352,209 |
712,030,541,802 |
418,599,237,374 |
|
Income Before Taxes |
1,372,227,039,581 |
1,721,393,112,385 |
1,985,295,251,898 |
|
Income Taxes Expenses |
-315,805,352,391 |
-582,434,916,937 |
-402,699,391,389 |
|
Net Income |
1,056,421,687,190 |
1,138,958,195,448 |
1,582,595,860,509 |
|
Cash Flows |
|||
|
Unit : Korean Won |
01/01/2015~09/30/2015 |
As of 12/31/2014 |
As of 12/31/2013 |
|
Operating
Activities Cash Flows |
3,949,606,163,134 |
4,163,084,742,458 |
4,763,525,974,463 |
|
Cash Flows from Operating |
4,037,758,286,685 |
4,669,233,503,992 |
5,034,458,323,088 |
|
Net Income |
1,056,421,687,190 |
1,138,958,195,448 |
1,582,595,860,509 |
|
Adjustment |
2,188,908,962,926 |
3,332,321,607,004 |
2,763,882,321,587 |
|
Changes in Asset/ & Liability |
792,427,636,569 |
197,953,701,540 |
687,980,140,992 |
|
Interests Received |
59,051,143,950 |
97,441,121,714 |
109,073,383,893 |
|
Interests Paid |
-190,078,495,432 |
-321,684,207,269 |
-390,175,034,911 |
|
Dividends Received |
493,849,822,584 |
151,149,763,289 |
232,280,539,721 |
|
Income Taxes |
-450,974,594,653 |
-433,055,439,268 |
-222,111,237,328 |
|
Cash
Flows from Investing |
-2,505,476,302,468 |
-1,255,074,892,204 |
-4,768,063,720,046 |
|
Cash Inflow from Investing |
7,730,354,564,408 |
4,169,479,750,639 |
3,774,960,670,195 |
|
Cash Outflows for Investing |
-10,235,830,866,876 |
-5,424,554,642,843 |
-8,543,024,390,241 |
|
Cash
Flows from Financing |
-1,388,758,205,834 |
-2,559,557,423,100 |
-347,347,298,034 |
|
Cash Inflows from Financing |
24,152,935,316 |
1,479,424,983,617 |
3,451,242,947,859 |
|
Cash Outflows from Financing |
-1,412,911,141,150 |
-4,038,982,406,717 |
-3,798,590,245,893 |
|
Increase/Decrease
in Cash |
57,791,113,640 |
348,452,427,154 |
-358,245,269,517 |
|
Cash at
the Beginning of Year |
1,742,767,033,667 |
1,394,314,606,513 |
1,752,559,876,030 |
|
Cash at
the End of Year |
1,800,558,147,307 |
1,742,767,033,667 |
1,394,314,606,513 |
|
Main Products & Services |
Electrical
Steel Sheets Electrical Component Materials, Electronic Component Materials Requiring advanced production technology, steel for use in the electric and electronics industries represents another value-added POSCO product category. Beginning with an annual capacity of 20,000 tons in 1980, we have continued to expand our electrical steel production facilities at the Pohang Works to reach production of 540,000 tons annually today. Of this total, 40,000 tons is grain-oriented electrical sheet used for power generators and transformers, while the remaining 500,000 tons is non-oriented electrical sheet for electric motors. Hot Rolled
Steel Coil Structures and Building and Construction and Manufacturing Components and Supplies Structural materials and basic shapes Coil Stainless
Steel Mineral and Textile and Inedible Plant and Animal Materials Minerals and ores and metals Base Metals Cold
Rolled Steel Sheets Structures and Building and Construction and Manufacturing Components and Supplies Structural materials and basic shapes Plate Brand Name : POSCO |
||||||||||||||||
|
Detailed Products Spec. |
|
||||||||||||||||
|
Technologies Acquired |
|
|
Suppliers |
BHPB(AUSTRALIA) CVRD(BRAZIL) BMA(AUSTRALIA) RIO TINTO(AUSTRALIA) EVCC(CANADA) MACARTHUR COAL(AUSTRALIA) NAMISA (BRAZIL) TANGGUH LNG(INDONESIA) |
|
Customers |
HYUNDAI HEAVY INDUSTRIES CO., LTD.(181211-0000386) HYUNDAI HYSCO(110111-0302416) HYUNDAI MOTOR CO(110111-0085450) KIA MOTORS CORPORATION(110111-0037998) DAEWOO SHIPBUILDING & MARINE ENGINEERING CO., LTD.(110111-2095837) POSTEEL(110111-0344591) |
|
Competitors |
DONGBU STEEL CO., LTD. 18TH FL., DONGBU FINANCIAL CENTER, 891-10,
DAECHI 4-DONG, GANGNAM-GU, SEOUL, KOREA TEL:+82-2-3450-8114 FAX:+82-2-3450-8500 HYUNDAI STEEL COMPANY HYUNDAI STEEL, 1, SONGHYEON 3-DONG,
DONG-GU, INCHEON, KOREA TEL:+82-32-760-2114 FAX:+82-32-760-2813 CHINA STEEL CORPORATION 1 CHUNG-KANG ROAD HSIAO KANG DISTRICT
KAOHSIUNG, TAIWAN TEL:+1-212-6571853 FAX:+1-212-8255398 UNITED STATES STEEL CORPORATION 600 GRANT STREET PITTSBURGH, PA 15219
UNITED STATES - MAP TEL:+1-412-4331121 FAX:+1-412-4334818 ARCELORMITTAL 19, AVENUE DE LA LIBERTE GRAND DUCHY OF
LUXEMBOURG, 2930 LUXEMBOURG TEL:+35247922414 FAX:+35247922675 (*)The subject is ranked as the 1st
player with over 60% domestic market share. |
|
Affiliates-Domestic |
POSCO(174611-0000741) POSCO COATED & COLOR STEEL CO.,
LTD.(174611-0006492) POSCO REFRACTORIES & ENVIRONMENT CO.,
LTD.(174611-0001947) POS-A.C. CO., LTD.(174611-0003448) POSCO ENGINEERING & CONSTRUCTION CO.,
LTD.(174611-0002979) POSCO RESEARCH INSTITUTE(110111-1042350) POSCO SPECIALTY STEEL CO., LTD.
(194211-0025248) POSCO MACHINERY CO., LTD.(206411-0010175) POSMEC(POSCO MACHINERY & ENGINEERING
CO., LTD.(174611-0012176) POSCO POWER CORPORATION(110111-1829576) PHP CO., LTD.(120111-0421545) POSBRO(110111-3528986) SUWON GREEN ENVIRONMENT
CORPORATION(134811-0133794) POSCORE CO., LTD.(134811-0003343) RIZTECH BIZ CO., LTD.(171711-0076115) POSWITH CO., LTD.(171711-0075927) UITRANS CO., LTD.(110111-3792309) BASYS INDUSTRY CO. LTD.(110111-0954647) METAPOLIS CO., LTD.(134811-0094475) CHEONGNA IBT CO., LTD.(120111-0454520) POHANG FEUL CELL CO., LTD.(171711-0076256) MEGA ASSET CO., LTD.(161511-0097480) DAEWOO ENGINEERING COMPANY CO.,
LTD.(110111-0203268) MEDICAL MATERIALS CO.,LTD.(171711-0082766) DAEWOO INTERNATIONAL CORPORATION(110111-2137358) |
|
Affiliates-Domestic |
POSCO ENGINEERING & CONSTRUCTION CO.,
LTD.(174611-0002979) (89.53% held by the subject company) POSDATA CO., LTD.(110111-0658637) (61.85% held by the subject company) SAMJUNG PACKING AND ALUMINUM CO.,
LTD.(174611-0000866) (9.0% held by the subject company) POSCON(174611-0002242) (88.04% held by the subject company) POSCO TERMINAL CO., LTD.(204611-0017575) (51.0% held by the subject company) POSTEEL(110111-0344591) (95.31% held by the subject company) POSTECH VENTURE CAPITAL
COOPERATION(174611-0029080) (95.0% held by the subject company) POSMATE CO., LTD.(110111-0739841) (30.0% held by the subject company) SNNC CO., LTD.(204611-0023415) (49.0% held by the subject company) P&R CO., LTD.(171711-0076545) (70.0% held by the subject company) SEOUNG GWANG CO., LTD.(120111-0222844) (69.38% held by the subject company) ENTOB CORPORATION(110111-2059362) (17.5% held by the subject company) POSFINE (70.0% held by the subject company) POSCOAST CO., LTD.(131411-0191529) DAIMYUNG TMS CO., LTD.(110111-0803141) PURE GIMPO.CO., LTD.(110111-4290394) |
|
Affiliates-Domestic |
POSCO SOUTH EAST ASIA PTE. LTD. (50.0% held by POSTEEL(110111-0344591)) POSCO SPECIALTY STEEL CO., LTD.
(194211-0025248) (100.00% held by the subject company) POSCON(174611-0002242) (88.04% held by the subject company) POSMEC(POSCO MACHINERY & ENGINEERING
CO., LTD.)(174611-0012176) (100.00% held by the subject company) POSCO MACHINERY CO., LTD.(206411-0010175) (100.00% held by the subject company) POS-A.C.CO.,LTD.(174611-0003448) (100.00% held by the subject company) POSTEEL(110111-0344591) (95.31% held by the subject company) SEOUNG GWANG CO., LTD.(120111-0222844) (69.38% held by the subject company) POSCO RESEARCH INSTITUTE(110111-1042350) (100.00% held by the subject company) POSTECH VENTURE CAPITAL COOPERATION (174611-0029080) (95.00% held by the subject company) POSCO TERMINAL CO., LTD.(204611-0017575) (51.00% held by the subject company) POSCO ENGINEERING & CONSTRUCTION CO.,
LTD.(174611-0002979) (89.53% held by the subject company) POSCO POWER CORPORATION(110111-1829576) (100.00% held by the subject company) POSWITH CO., LTD.(171711-0075927) (100.00% held by the subject company) PT.ISI (PT.INTERNATIONAL STEEL INDONESIA) (65.00% held by the subject company) PT. MRI (PT. MOTTA RESOURCES INDONESIA) (65.00% held by the subject company) POSCO CORE INDIA PVT. LTD. POSCO (YANTAI) AUTOMOTIVE PROCESSING CENTER
CO., LTD.(POSCO-CYPC) |
|
Affiliates-Overseas |
POSCO AMERICA CORPORATION POSCO AUSTRALIA PTY LTD POSCO CANADA LTD. POSCAN ELKVEIW COAL LTD. POSCO ASIA CO., LTD. POSCO-CTPC CO., LTD. POSCO-JKPC CO., LTD. INTERNATIONAL BUSINESS CENTER CORPORATION POSCO E&C VIETNAM CO., LTD. ZHANGJIAGANG POHANG STAINLESS STEEL CO.,
LTD. POSCO(GUANGDONG) STEEL CO., LTD. POSCO (THAILAND) COMPANY LIMITED MYANMAR POSCO STEEL CO., LTD POSCO INVESTMENT CO., LTD. POSCO-MKPC SDN BHD QINGDAO POHANG STAINLESS STEEL CO., LTD. POSCO(SUZHOU) AUTOMOTIVE PROCESSING CENTER
CO., LTD. POSCO BIOVENTURES I, L.P. PT. POSNESIA STAINLESS STEEL INDUSTRY POSEC HAWAII, INC. POSCO-CHINA QINGDAO PROCESSING CENTER CO.,
LTD. POS-ORE PTY LTD POSCO-CHINA HOLDING CORP. POSCO JAPAN CO., LTD. POS-CD PTY LTD POS-GC PTY LTD POSCO-INDIA PRIVATE LIMITED POSCO-INDIA PUNE PROCESSING CENTER. PVT.
LTD. POSCO-JEPC CO., LTD. POSCO-CFPC CO., LTD. POSCO E&C CHINA CO., LTD. POSCO MPPC S.A. DE C.V. ZHANGJIGANG POHANG PORT CO., LTD. QINGDAO POS-METAL CO., LTD. POSCO-VIETNAM CO., LTD. POSCO MEXICO S.A. DE C.V. POSCO INDIA DELHI STEEL PROCESSING CENTRE
PRIVATE LIMITED POSCO-POLAND WROCLAW PROCESSING CENTER SP.
Z O. O. POS-NP PTY LTD |
|
Affiliates-Overseas |
POSCO-VIETNAM PROCESSING CENTER CO., LTD. POSCO(CHONGQING) AUTOMOTIVE PROCESSING
CENTER CO., LTD. SUZHOU POSCO-CORE TECHNOLOGY CO., LTD. POSCO-MALAYSIA SDN. BHD. POS-MINERALS CORPORATION POSCO(WUHU) AUTOMOTIVE PROCESSING CENTER
CO., LTD. POSCO ENGINEERING AND CONSTRUCTION INDIA
PRIVATE LIMITED POSCO E&C SMART S DE RL DE CV POSCO PHILIPPINE MANILA PROCESSING CENTER,
INC. POSCO GULF SFC LLC DALIAN POSCO ICT-DONGFANG ENGINEERING CO., LTD. SANPU TRADING CO., LTD. ZHANGJIAGANG BLZ POHANG INTERNATIONAL
TRADING POSCO MEXICO HUMAN TECH S.A. DE C.V. POSCO MESDC S.A. DE C.V. POSCO ICT-CHINA DWEMEX, S.A.DE.C.V. POSCO MPC SERVICIOS S.A. DE C.V. POSCO-URUGUAY S.A POS-SEA PTE LTD POSCO EUROPE STEEL DISTRIBUTION CENTER POSCO ENGINEERING (THAILAND) CO., LTD. VECTUS LIMITED ZEUS(CAYMAN) POSCO VST CO., LTD. POSCO MAHARASHTRA STEEL PRIVATE LIMITED POSCO INDIA CHENNAI STEEL PROCESSING CENTRE
PVT.LTD. POSCO TNPC OTOMOTIV CELIK SAN. VE TIC. A.S POSCO VIETNAM HA NOI PROCESSING CENTER CO.,
LTD. POSCO(LIAONING) AUTOMOTIVE PROCESSING
CENTER CO., LTD. POSCO-INDONESIA JAKARTA PROCESSING CENTER POSCO E&C VENEZUELA C.A. MOTTA RESOURCES INDONESIA POSCO TMC INDIA PRIVATE LIMITED POSCO AMERICA ALABAMA PROCESSING CENTER
CO., LTD. PT PEN INDONESIA |
|
Affiliates-Overseas |
POSCO(YANTAI）AUTOMOTIVE PROCESSING CENTER CO., LTD. POSCO INDIA STEEL DISTRIBUTION CENTER
PRIVATE LTD. POSCO CHINA DALIAN PLATE PROCESSING CENTER
CO., LTD. POSCO-SOUTH ASIA COMPANY LIMITED POSCO SS-VINA POSCO NCR COAL LTD. POSCO WA PTY LTD POSCO ENGINEERING AND CONSTRUCTION - UZ POSCO AUSTRALIA GP PTY LIMITED POSCO YONGXIN RARE EARTH METAL CO., LTD. HANJUNG POWER LTD. DAEWOO INTERNATIONAL (AMERICA) CORP. DAEWOO INTERNATIONAL (DEUTSCHLAND) GMBH. DAEWOO INTERNATIONAL JAPAN CORP. DAEWOO INTERNATIONAL SINGAPORE PTE. LTD. DAEWOO ITALIA S.R.L. DAEWOO (CHINA) CO., LTD. DAEWOO TEXTILE FERGANA LLC DAEWOO TEXTILE BUKHARA LLC DAEWOO INTERNATIONAL AUSTRALIA HOLDINGS PTY
LTD DAEWOO PAPER MANUFACTURING CO., LTD. TIANJIN DAEWOO PAPER MANUFACTURING CO.,
LTD. POSCO MAURITIUS LIMITED PT. KRAKATAU POSCO MYANMAR DAEWOO LIMITED DAEWOO INTERNATIONAL MEXICO S.A. DE C.V. DAEWOO INTERNATIONAL GUANGZHOU CORP. DAEWOO (M) SDN. BHD. DAEWOO EL SALVADOR S.A. DE C.V. POSCO (ZHANGJIAGANG) STS PROCESSING CENTER
CO., LTD DAEWOO INTERNATIONAL (M) SDN BHD DAEWOO INTERNATIONAL SHANGHAI CO., LTD. PGSF, L.P. XENESYS INC. DAEWOO INTERNATIONAL INDIA PRIVATE
LTD. TECHREN SOLAR, LLC PT. POSCO E&C INDONESIA HUME COAL PTY LTD POSCO FOUNDATION EPC EQUITIES LLP SANTOS CMI CONSTRUCTION TRADING LLP SANTOS CMI INC. USA SANTOS CMI ENGENHARIA E CONSTRUCOES LTDA SANTOS CMI PERU S.A. SANTOS CMI CONSTRUCCIONES S.A. GENTECH INTERNATIONAL INC. EPC INVESTMENTS C.V. SANTOSCMI S.A. SANTOS CMI CONSTRUCCIONES DE CHILE S.A. COMPANIADEAUTOMATIZACION&CONTROL,
GENESYS S.A. VAUTIDAMERICAS S.A. POSCO ASSAN TST STEEL INDUSTRY HONG KONG POSCO E&C (CHINA) INVESTMENT
CO., LTD. |
|
Affiliates-Overseas |
POSCO ENGINEERING & CONSTRUCTION DO
BRAZIL LTDA. POSCO ELECTRICAL STEEL INDIA PRIVATE
LIMITED DAEWOO INTERNATIONAL CAMEROON S.A. POSCO KLAPPAN COAL LIMITED DAESAN (CAMBODIA) CO., LTD. BRAZIL SAO PAULO STEEL PROCESSING CENTER POSCO(DALIAN) IT CENTER DEVELOPMENT CO.,
LTD. PT. POSCO RESOURCES INDONESIA PT.POSCO ICT INDONESIA PT. POSCO MTECH INDONESIA PT. KRAKATAU POSCO ENERGY POSCO RUS LLC POSCO THAINOX PUBLIC COMPANY LIMITED DAEWOO INTERNATIONAL SHANGHAI WAIGAOQIAO
CO., LTD. PT. BIO INTI AGRINDO POSCO ENGINEERING AND CONSTRUCTION AUSTRALIA
(POSCO E&C AUSTRALIA) PTY LTD POSCO-TISCO (JILIN) PROCESSING CENTER CO.,
LTD. HUNCHUN POSCO HYUNDAI INTERNATIONAL
LOGISTICS COMPLEX DEVELOPMENT CO., LTD USA-SRDC DAEWOO INTERNATIONAL VIETNAM CO., LTD. PT.KRAKATAU POSCO CHEMTECH CALCINATION POSCO AFRICA (PROPRIETARY) LIMITED EPC INGENIERIA & SERVICIOS DE COSTA
RICA SA POSCO ICT BRASIL LA-SRDC DONG FANG JIN HONG PRODUCTOS OFERTAS SISTEMAS Y
COMERCIALIZADORA ORIENTAL S DE RL DE CV POSCO AMERICA COMERCIALIZADORA S DE RL DE
CV POSCO(GUANGDONG) AUTOMOTIVE STEEL CO., LTD. POSCO MAPC SA DE CV PMM PIPE PT KRAKATAU BLUE WATER KRAKATAU POS-CHEM DONG-SUH CHEMICAL MYANMAR DAEWOO INTERNATIONAL CORPORATION DAEWOO POWER AND INFRA (PTY) LTD. POSCO-ITALY PROCESSING CENTER DAEWOO E&P CANADA CORPORATION YINGKOU PUXIANG TRADE CO.,LTD. POSCO ICT VIETNAM DAEWOO GLOBAL DEVELOPMENT. PTE., LTD. MYANMAR POSCO ENGINEERING&CONSTRUCTION
CO., LTD. MYANMAR POSCO C&C CO., LTD. POSCO COATED STEEL (THAILAND) CO., LTD. DAEWOO AMARA COMPANY LIMITED POSMATE-CHINA CO., LTD DAEWOO PRECIOUS RESOURCES POSCO-MEXICO SILAO WIRE-ROD PROCESSING
CENTER CONSTRUCTORA SCP SANTOS CMI CONSTRUCTION POSCO CHINA DALIAN STEEL FABRICATING CENTER
CO., LTD. |
|
Overseas Office |
RIO DE JANEIRO TEL :+55-21-3431-3496 FAX :+55-21-3431-3497 MEXICO CITY TEL :+5255-5525-0845 FAX :+5255-5525-0815 DUBAI TEL :+9714-221-8280 FAX :+9714-221-8178 JAKARTA TEL :+62-21-3000-3809 FAX :+62-21-3000-3811 EUROPEAN UNION TEL :+49-211-435-3051 FAX :+49-211-435-3030 PRAGUE TEL :+420-246-088-360 FAX :+420-246-088-361 |
|
Liaison Office |
|
|
Overseas Branch |
|
|
Joint Venture |
POSCO-NIPPON STEEL RHF JOINT VENTURE (70.00% held by the subject company) |
|
Subsidiary |
DAEWOO INTERNATIONAL CORPORATION(110111-2137358) (60.31% held by the subject company) POSCO SPECIALTY STEEL CO., LTD.
(194211-0025248) (100.00% held by the subject company) POSCON(174611-0002242) (88.04% held by the subject company) POSMEC(POSCO MACHINERY & ENGINEERING
CO., LTD.)(174611-0012176) (100.00% held by the subject company) POSCO MACHINERY CO., LTD.(206411-0010175) (100.00% held by the subject company) POS-A.C.CO.,LTD.(174611-0003448) (100.00% held by the subject company) POSTEEL(110111-0344591) (95.31% held by the subject company) SEOUNG GWANG CO., LTD.(120111-0222844) (69.38% held by the subject company) POSCO Research Institute(110111-1042350) (100.00% held by the subject company) POSTECH VENTURE CAPITAL COOPERATION
(174611-0029080) (95.00% held by the subject company) POSCO TERMINAL CO., LTD.(204611-0017575) (51.00% held by the subject company) POSCO ENGINEERING & CONSTRUCTION CO.,
LTD.(174611-0002979) (89.53% held by the subject company) POSCO POWER CORPORATION(110111-1829576) (100.00% held by the subject company) POSWITH CO., LTD.(171711-0075927) (100.00% held by the subject company) POSCO-TOPC CELIK SANAYI VE TICARET A.S. (100.00% held by the subject company) POSCO (LIAONING) AUTOMOTIVE PROCESSING
CENTER CO., LTD. (90.00% held by the subject company) |
|
Subsidiary-Overseas |
POSCO CHINA HOLDING CORP. TEL :+ 86-10-5166-6677 FAX
:+86-10-8440-0323 POSCO INDIA PVT. LTD. TEL :+ 91-674-230-3690 FAX
:+91-674-230-0058 ZHANGJIAGANG POHANG STAINLESS STEEL CO.,
LTD. TEL :+ 86-512-5856-9211 FAX
:+86-512-5855-3680 QINGDAO POHANG STAINLESS STEEL CO., LTD. TEL :+ 86-532-8683-7020 FAX
:+86-532-8683-7011 DALIAN POSCO STEEL CO., LTD. TEL :+ 86-411-8751-5003 FAX
:+86-411-8751-4710 POSCO (GUANGDONG) COATED STEEL CO., LTD. TEL :+ 86-757-2660-3002 FAX
:+86-757-2665-7760 POSCO VIETNAM CO., LTD. TEL :+ 84-64-923-014 FAX :+84-64-923-000 POSVINA CO., LTD. TEL :+ 84-8-731-3037 FAX :+84-8-731-3619 |
|
Subsidiary-Overseas |
VSC POSCO STEEL CORPORATION TEL :+ 84-31-374-9133 FAX :+84-31-385-0123 MYANMAR POSCO STEEL CO., LTD. TEL :+ 95-1-635-367 FAX :+95-1-635-418 POSCO MEXICO S.A. DE C.V. TEL :+ 52-833-274-1400 FAX
:+52-833-274-1405 POSCO CHINA SUZHOU AUTOMOTIVE PROCESSING
CENTER CO., LTD. TEL :+ 86-512-5760-5952 FAX
:+86-512-5760-5950 POSCO THAILAND BANGKOK STEEL PROCESSING CENTER
CO., LTD. TEL :+ 66-2-256-6135 FAX :+66-2-256-6138 POSCO INDIA PUNE STEEL PROCESSING CENTER
CO. PVT. LTD. TEL :+ 91-2114-308-100 FAX
:+91-2114-308-146 POSCO INDIA DELHI AUTOMOTIVE PROCESSING
CENTER CO. PVT. LTD. TEL :+ 91-124-421-6600 FAX :+91-124-421-6605 POSCO INDIA CHENNAI STEEL PROCESSING CENTRE
PVT. LTD. (100.0% held by the subject company) |
|
Subsidiary-Overseas |
POSCO AUSTRALIA PTY. LTD. TEL :+ 61-2-9258-9807 FAX :+61-2-9241-2001 POSCO CANADA LTD. TEL :+ 1-604-688-9174 FAX :+1-604-669-5805 COMPANHIA COREANO-BRASILEIRA DE PELOTIZAÇÃO
(KOBRASCO) TEL :+ 55-27-3333-4864 FAX
:+55-27-3333-4762 POSCO JAPAN CO., LTD. TEL :+ 81-3-3546-0924 FAX :+81-3-3546-1215 POSCO AMERICA CORPORATION TEL :+ 1-201-585-3065 FAX :+1-201-585-6001 POSCO ASIA COMPANY LTD. TEL :+ 852-2827-8787 FAX :+852-2535-8290 POSCO CHINA FOSHAN STEEL PROCESSING CENTER
CO., LTD. TEL :+ 86-757-2381-3998 FAX
:+86-757-8387-1384 |
|
Subsidiary-Overseas |
POSCO INVESTMENT CO., LTD. TEL :+ 852-2802-7188 FAX :+852-2845-7737 POSCO POLAND WROCLAW STEEL PROCESSING
CENTER CO., LTD. TEL :+ 48-71-733-7262 FAX :+48-71-733-7257 POSCO MEXICO HUMAN TECH S.A. DE C.V. POSCO CHINA CHONGQING AUTOMOTIVE PROCESSING
CENTER CO., LTD. TEL :+ 86-23-8903-6558 FAX
:+86-23-8903-6556 POSCO VIETNAM HOCHIMINH STEEL PROCESSING
CENTER CO., LTD. TEL :+ 84-8-520-2837 FAX :+84-8-823-7840 POSCO EUROPE STEEL DISTRIBUTION CENTER CO.,
LTD. TEL :+ 385-5-663-4161 POSCO CHINA WUHU AUTOMOTIVE PROCESSING
CENTER CO., LTD. TEL :+ 86-553-593-6577 POSCO MALAYSIA KUALA LUMPUR STEEL
PROCESSING CENTER SDN. BHD. TEL :+ 60-3-6092-5200 POSCO MALAYSIA SDN. BHD. TEL :+ 60-3-3101-2422 |
|
Corporate Ownership |
|
|
Major Shareholders |
|
|
Cooperative Enterprise |
-Insured Company SAMSUNG FIRE & MARINE INSURANCE CO., LTD.(110111-0005078) DONGBU INSURANCE CO., LTD.(110111-0095285) |
|
Sales/ Unit :100 Mil KRW |
2010 |
2009 |
2008 |
|
Export |
81,369 |
94,496 |
98,590 |
|
Domestic |
152,885 |
175,305 |
208,400 |
|
Adjustment |
(-)191 |
(-)262 |
(-)566 |
|
Total |
234,063 |
269,539 |
306,424 |
The Subject exports
to China, Japan and South East Asia.
|
Case No. |
Court |
Plaintiff(s)/
Creditor(s)/ Applicant(s) |
Defendant(s)/ Debtor(s)/
Respondent(s) |
Cause |
Amount (KRW) |
Status |
|
04/19/2012 |
Tokyo District Court, Japan |
NIPPON STEEL & SUMITOMO METAL CORPORATION (JAPAN) |
The Subject Company |
Claim for Compensation from Damages |
299,000,000,000 |
Reached Reconciliation as of 09/30/2015 |
There are 37 cases filed as Defendant(s)/ Debtor(s)/ Respondent(s)
amounting 155,600,000,000KRW excluded of the above case as of 09/30/2015.
-----------
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.37 |
|
|
1 |
Rs.98.91 |
|
Euro |
1 |
Rs.72.85 |
|
KRW |
1 |
Rs.0.057 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
TRI |
|
|
|
|
Report Prepared
by : |
NIT |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
|
-- |
NB |
New Business |
-- |
|
This score serves as a reference to assess
SC’s credit risk and to set the amount of credit to be extended. It is
calculated from a composite of weighted scores obtained from each of the major
sections of this report. The assessed factors and their relative weights (as
indicated through %) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend (10%) Operational size
(10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or
its officials.